Boyd Gaming Corporation (BYD)
NYSE: BYD · Real-Time Price · USD
84.13
+0.87 (1.04%)
Aug 14, 2026, 4:00 PM EDT - Market closed

Boyd Gaming Statistics

Total Valuation

Boyd Gaming has a market cap or net worth of $6.11 billion. The enterprise value is $9.05 billion.

Market Cap6.11B
Enterprise Value 9.05B

Important Dates

The last earnings date was Thursday, July 23, 2026, after market close.

Earnings Date Jul 23, 2026
Ex-Dividend Date Sep 15, 2026

Share Statistics

Boyd Gaming has 72.66 million shares outstanding. The number of shares has decreased by -10.69% in one year.

Current Share Class 72.66M
Shares Outstanding 72.66M
Shares Change (YoY) -10.69%
Shares Change (QoQ) -2.55%
Owned by Insiders (%) 29.39%
Owned by Institutions (%) 76.41%
Float 47.92M

Valuation Ratios

The trailing PE ratio is 3.60 and the forward PE ratio is 11.52. Boyd Gaming's PEG ratio is 2.09.

PE Ratio 3.60
Forward PE 11.52
PS Ratio 1.49
Forward PS 1.48
PB Ratio 2.46
P/TBV Ratio 285.12
P/FCF Ratio 174.32
P/OCF Ratio 9.76
PEG Ratio 2.09
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.71, with an EV/FCF ratio of 258.02.

EV / Earnings 4.98
EV / Sales 2.21
EV / EBITDA 7.71
EV / EBIT 10.91
EV / FCF 258.02

Financial Position

The company has a current ratio of 0.77, with a Debt / Equity ratio of 1.30.

Current Ratio 0.77
Quick Ratio 0.65
Debt / Equity 1.30
Debt / EBITDA 2.44
Debt / FCF 92.92
Interest Coverage 7.00

Financial Efficiency

Return on equity (ROE) is 93.08% and return on invested capital (ROIC) is 12.47%.

Return on Equity (ROE) 93.08%
Return on Assets (ROA) 7.82%
Return on Invested Capital (ROIC) 12.47%
Return on Capital Employed (ROCE) 13.68%
Weighted Average Cost of Capital (WACC) 7.66%
Revenue Per Employee $255,991
Profits Per Employee $113,509
Employee Count16,009
Asset Turnover 0.62
Inventory Turnover 82.27

Taxes

In the past 12 months, Boyd Gaming has paid $480.09 million in taxes.

Income Tax 480.09M
Effective Tax Rate 20.95%

Stock Price Statistics

The stock price has decreased by -0.24% in the last 52 weeks. The beta is 1.08, so Boyd Gaming's price volatility has been similar to the market average.

Beta (5Y) 1.08
52-Week Price Change -0.24%
50-Day Moving Average 86.74
200-Day Moving Average 84.27
Relative Strength Index (RSI) 45.30
Average Volume (20 Days) 989,826

Short Selling Information

The latest short interest is 4.11 million, so 5.65% of the outstanding shares have been sold short.

Short Interest 4.11M
Short Previous Month 3.84M
Short % of Shares Out 5.65%
Short % of Float 8.57%
Short Ratio (days to cover) 4.08

Income Statement

In the last 12 months, Boyd Gaming had revenue of $4.10 billion and earned $1.82 billion in profits. Earnings per share was $23.37.

Revenue4.10B
Gross Profit 2.42B
Operating Income 829.01M
Pretax Income 2.29B
Net Income 1.82B
EBITDA 1.17B
EBIT 829.01M
Earnings Per Share (EPS) $23.37
Full Income Statement

Balance Sheet

The company has $323.61 million in cash and $3.26 billion in debt, with a net cash position of -$2.93 billion or -$40.39 per share.

Cash & Cash Equivalents 323.61M
Total Debt 3.26B
Net Cash -2.93B
Net Cash Per Share -$40.39
Equity (Book Value) 2.50B
Book Value Per Share 34.20
Working Capital -140.97M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $626.07 million and capital expenditures -$591.01 million, giving a free cash flow of $35.06 million.

Operating Cash Flow 626.07M
Capital Expenditures -591.01M
Depreciation & Amortization 344.29M
Net Borrowing -961.28M
Free Cash Flow 35.06M
FCF Per Share $0.48
Full Cash Flow Statement

Margins

Gross margin is 59.13%, with operating and profit margins of 20.23% and 44.34%.

Gross Margin 59.13%
Operating Margin 20.23%
Pretax Margin 55.93%
Profit Margin 44.34%
EBITDA Margin 28.63%
EBIT Margin 20.23%
FCF Margin 0.86%

Dividends & Yields

This stock pays an annual dividend of $0.80, which amounts to a dividend yield of 0.95%.

Dividend Per Share $0.80
Dividend Yield 0.95%
Dividend Growth (YoY) 9.86%
Years of Dividend Growth 6
Payout Ratio 3.42%
Buyback Yield 10.69%
Shareholder Yield 11.64%
Earnings Yield 29.73%
FCF Yield 0.57%
Dividend Details

Analyst Forecast

The average price target for Boyd Gaming is $95.81, which is 13.88% higher than the current price. The consensus rating is "Buy".

Price Target $95.81
Price Target Difference 13.88%
Analyst Consensus Buy
Analyst Count 18
Revenue Growth Forecast (3Y) 2.48%
EPS Growth Forecast (3Y) 6.92%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Boyd Gaming has an Altman Z-Score of 2.46 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.46
Piotroski F-Score 4